Definition of Cessionary Bankrupt

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Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Cessionary bankrupt
    Ballentine's Law Dictionary

    An assignor for the benefit of his creditors.

  • Cessionary Bankrupt
    Black's Law Dictionary: 2nd Edition

    One who gives up his estate to be divided among his creditors.